AGP Executive Report
Last update: 3 hours agoMarket Pullback: Bitcoin fell below $83,000 as crypto liquidations neared $700 million, with leveraged bullish bets taking most of the hit. Bitcoin ETFs still drew $119 million on Tuesday, led by BlackRock, while Ethereum funds saw continued outflows. ETF Push: The Winklevosses filed for a spot Zcash ETF proposed for Nasdaq, adding a privacy-focused coin to the growing fund race. Regulation: Russia has begun licensing crypto exchanges and custodians; Albania is advancing EU-style rules that would require licences for exchanges and wallet providers. A CFTC proposal lists XRP and Stellar as digital commodities, but does not settle XRP’s separate securities status. Institutional Adoption: South Korea’s Meritz Securities will assess Ripple’s custody and tokenization services for local markets. Security Warning: Europol urged crypto firms to prepare for future quantum threats to wallet keys, while stressing that current computers cannot break them.
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